MTN Group Limited (JSE: MTN)

South Africa flag South Africa · Delayed Price · Currency is ZAR
9,313.00
+38.00 (0.41%)
Sep 13, 2024, 9:23 AM SAST
-24.41%
Market Cap 167.55B
Revenue (ttm) 199.16B
Net Income (ttm) -7.44B
Shares Out 1.81B
EPS (ttm) -4.12
PE Ratio n/a
Forward PE 15.24
Dividend 3.30 (3.56%)
Ex-Dividend Date Apr 17, 2024
Volume 88,965
Open 9,350.00
Previous Close 9,275.00
Day's Range 9,293.00 - 9,395.00
52-Week Range 7,043.00 - 12,201.00
Beta 0.95
Analysts n/a
Price Target n/a
Earnings Date Oct 24, 2024

About MTN Group

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices. It also provides network as a service, including subsea cables that offers international connectivity services; terrestrial and metro fiber networks; data centers and cable landing stations; and FTTx, towers, and radio acce... [Read more]

Founded 1994
Employees 21,975
Stock Exchange Johannesburg Stock Exchange
Ticker Symbol MTN
Full Company Profile

Financial Performance

In 2023, MTN Group's revenue was 221.30 billion, an increase of 6.89% compared to the previous year's 207.04 billion. Earnings were 4.09 billion, a decrease of -78.51%.

Financial Statements

News

MTN Nigeria pain

MTN has incurred over R34 billion in losses due to the Nigerian naira's dramatic devaluation over the past year and a half.

23 days ago - Daily Investor

MTN Group Ltd (MTNOF) (Q2 2024) Earnings Call Transcript Highlights: Key Takeaways from the ...

MTN Group Ltd (MTNOF) (Q2 2024) Earnings Call Transcript Highlights: Key Takeaways from the Half-Year Report

24 days ago - GuruFocus

Half Year 2024 MTN Group Ltd Earnings Call Transcript

Half Year 2024 MTN Group Ltd Earnings Call Transcript

24 days ago - GuruFocus

South Africa’s MTN Has First Loss in Eight Years on Naira Slump

MTN Group Ltd., Africa’s biggest wireless carrier by revenue, posted its first loss since 2016 after the devaluation of the Nigerian naira crimped income from one of its key markets.

25 days ago - BNN Bloomberg

IHS Towers and MTN Group strengthen strategic partnership

Aims to deliver mobile connectivity and drive digital inclusion

4 weeks ago - Zawya

MTN Backs Midterm Views Despite Uncertain Outlook

MTN confirmed its medium-term targets despite a sharp drop in 2023 earnings and warning that elevated volatility increased headwinds and added material uncertainty to its outlook.

6 months ago - WSJ

MTN to sell shares in Nigeria unit via public offer

(Reuters) -MTN Group Ltd plans to proceed with a public offer to sell up to 575 million shares in its Nigeria business, South Africa's biggest telecoms operator said on Thursday as it reported higher ...

3 years ago - Reuters

MTN Group: Capital Markets Day Event Reinforces Medium-Term Upside

MTN Group outlined some promising new medium-term initiatives at its recent Capital Markets Day event. With the Group on track for 20+% ROEs along with upside from Nigeria, fintech, and potential asse...

3 years ago - Seeking Alpha

South Africa's MTN Group First-Quarter Revenue Up 18 Pct

Mobile operator MTN Group, headquartered in Johannesburg, Africa, reported first-quarter 2021 results that moved past medium-term guidance, driven in part by an uptick in data and FinTech revenue. MTN...

3 years ago - PYMNTS

MTN Group Still Offers Huge Potential - But That's Never Been The Issue

MTN Group has credible drivers to build shareholder value, including ongoing growth in high-margin data and mobile money services, as well as an ongoing asset rationalization program. Regulatory and m...

3 years ago - Seeking Alpha

MTN Group Still Facing Profitability With No Prosperity

MTN Group Still Facing Profitability With No Prosperity

5 years ago - Seeking Alpha